Thailand Raises Key Rate to 1.5%, Signals More Tightening

(Bloomberg) — Thailand delivered its fourth straight interest-rate increase and signaled sustained monetary tightening ahead to ward off lingering price pressures as the economic recovery gathers pace from a tourism rebound. The Bank of Thailand’s monetary policy committee voted unanimously to raise the one-day repurchase rate by 25 basis points to 1.50% on Wednesday, as…

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